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Foreclosure Homes in Spruce Pine, AL 35585

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Spruce Pine, AL Foreclosures

How much do homes sell for in Spruce Pine, AL?
The average home price is currently $161,565.
In Spruce Pine, AL, how many homes are available?
There are currently 8 active home listings available in Spruce Pine.
What’s the average rental cost in Spruce Pine, AL?
The average rental price in Spruce Pine is $978.
What is the most expensive home in Spruce Pine?
The most expensive home sold in Spruce Pine had a price of $527,170.
What is currently the cheapest priced home in Spruce Pine, AL?
The cheapest home for sale in Spruce Pine is priced at $16,638.

Living in Spruce Pine, AL

Spruce Pine, Alabama, is a charming small town surrounded by the picturesque Appalachian Mountains. It offers a tranquil lifestyle with numerous outdoor activities and a close-knit community feel. Residents benefit from local amenities and a strong sense of tradition, making it an inviting place to call home.

Current Market Conditions in Spruce Pine, AL

The real estate market in Spruce Pine has remained relatively stable over the past year, with home values slowly appreciating as demand grows. The area continues to attract buyers looking for affordable housing options along with a peaceful lifestyle. New developments and renovations of existing homes have contributed positively to the market.

Overall, the market is characterized by a balanced inventory, ensuring that both buyers and sellers have opportunities. Investors are showing interest in the area as more people discover the charms of Spruce Pine.

Home Value Estimator For Spruce Pine, AL

There are currently 123 real estate properties in Spruce Pine, AL, with a median automated valuation model (AVM) price of $141,146.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Spruce Pine, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Spruce Pine, AL, is $161,565.00, with the most expensive house in Spruce Pine, AL, topping out at $527,170.00 and the cheapest home in Spruce Pine, AL, clocking in at $16,638.00. In other words, there’s something for every potential homebuyer or savvy investor in Spruce Pine, AL!

Rent Prices In Spruce Pine, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spruce Pine, AL, is on a rollercoaster ride. The average rent price in Spruce Pine, AL, is $978.00. Indeed, when looking to rent in Spruce Pine, AL, you can expect to pay as little as $680.00 or as much as $1,780.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Spruce Pine, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Spruce Pine, AL 35585 Foreclosures


Market Trend for Spruce Pine, AL

Total Listings Available: 8

Market Values:

Home Prices from $16,638 to $527,170

Average Sales Price: $161,565

Rental Values:

Rental from $680 to $1,780

Average Rent Value: $978 / month

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